Helping Africa Foundation Inc
- Assets
- $62.1k
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 10/2014
- Data as of
- 12/2023
- EIN
- 46-5366106
Organization Overview
Helping Africa Foundation Inc is located in New York, NY. The organization was established in 2014. According to its NTEE Classification (Q12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of International, Foreign Affairs & National Security and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helping Africa Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Helping Africa Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 9 years, it has increased revenue by an average of 45.0% each year . All expenses for the organization totaled $3.1m during the year ending 12/2023. While expenses have increased by 45.7% per year over the past 9 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2014, Helping Africa Foundation Inc has awarded 29 individual grants totaling $11,367,804. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
SEE SCHEDULE O
Describe the Organization's Program Activity:
Part 3 - Line 4a
MADE GRANTS TO SEVERAL ORGANIZATIONS FOCUSING ON ASSISTING THE NEEDS OF COMMUNITIES IN AFRICA.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Deborah Rose Director | 0.5 | $0 | |
Daniel Rose Director | 0.5 | $0 | |
Michael Morand Director | 0.5 | $0 | |
Peter Tichansky Director | 0.5 | $0 | |
Henry Louis Gates Director | 0.5 | $0 | |
Kwame Anthony Appiah Director | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Jonathan Wiesner | 12/30/23 | $156,000 |
Japhet Aryiku | 12/30/23 | $156,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,179,073 |
| Interest on Savings | $2,621 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,181,694 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $156,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $84,671 |
| Printing and publications | $0 |
| Other expenses | $1,920 |
| Total operating and administrative expenses | $423,461 |
| Contributions, gifts, grants paid | $2,699,173 |
| Total expenses and disbursements | $3,122,634 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,078 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $62,078 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, Helping Africa Foundation Inc has awarded $2,699,173 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
ADAKUM EDUCATIONAL FOUNDATION INC PURPOSE: EDUCATION | $90,100 |
IMPLEMENTERS PURPOSE: EDUCATION | $2,040,967 |
BUSINESS COUNCIL FOR INTERNATIONAL UNDERSTANDING PURPOSE: EDUCATION | $25,000 |
MEDSHARE INTERNATIONAL INC PURPOSE: EDUCATION | $5,000 |
HARLEM EDUCATIONAL ACTIVITIES FUND PURPOSE: EDUCATION | $5,000 |
WEB DUBOIS MUSEUM FOUNDATION PURPOSE: EDUCATION | $533,106 |